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Coforge Ltd - Following the announcement of a robust quarterly performance and dividend declaration, shares of IT solutions provider climbed more than 6 per cent, making it one of the Top Gainers from the BSE Information Technology index.
#Watch: NASDAQ and BSE IT indices were the worst performers in 2022. How much more can the NASDAQ and BSE IT fall this year? @gurukmurthy explains.
On the sectoral front, most of the indices ended the week with flat to negative returns. BSE IT index declined by ~2% this week, ahead of the start of Q3FY23 results from the coming week.
On the BSE, too, barring FMCG, all sectoral indices incurred losses. BSE Teck and BSE IT were the top losers, down 1.86 and 1.77 percent.
BSE Financial Services was the top loser with a loss of one percent while BSE Bankex BSE Private Bank Index was down 0.8 percent each. The BSE IT index lost 0.6 percent today.
📍 On the other hand, Infosys stock has lost 18% 📍 However, The BSE IT index has fallen 22.15% or 8,383 points to 29,461 this year. (2/8
What caused the BSE IT Index to reverse this week?
On the BSE, BSE Realty was the top loser as it lost more than 3.5 percent today. BSE IT was down 3.4 percent while BSE Auto declined by 2.7 percent. BSE Industrials and Energy were the other major losers and tanked close to 2.5 percent.
The trend was same on the BSE as the BSE IT index shed more than 1.6 percent while BSE Teck was down 1.5 percent. BSE Realty index fell close to 1 percent while Pharma and Consumer Durable indexes were down 0.9 and 0.8 percent each.
Correction #RajRatan Listed on NSE on 22nd May2020 Opened at a price of 39 Today 8th Sep2022 Stock is trading at 1400 in just 2 Years Stock is up by 35X WHAT A WEALTH CREATOR!!!! Note: This is price adjusted Data In BSE it is listed from 1995
Tech stocks stay in the red for 4th session, #BSE IT index hits a 3-week low [Automated tweet]
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